Owliver:
ill advise. use at least 4hr tf and still keep your job.

Thanks bro..

looking at Ger30...price just left the upper JLINE of the NORM,i see this as a trick or if not but can't tell. if price don't close above that 10095.70/32(NORM) then price will reach 9963.08 before today close,price coming to the NORM which is the normal movement of the price.
meanwhile, 9468.85(NORM) is the NORM for the daily chart and price coming here is a possibility. i am expecting the 4 hour candle NORM to be able to push price back to the 125 level.
just a bunch of my analysis...will drop the big picture for eurusd for you guys to enjoy from too after todays close as its the last trading day of the month.
REGAL

Sad news,
We just lost Tom.
He was just a jolly good fellow.

Regards,
EF

usdjpy...if price close below that 106.812 we will see 106.153 and quickly 105.933 and from there maybe back to NORM.

Trading is a lot like riding a roller coaster. Although it obviously is fun and exciting, there will be times when you feel scared, nervous or even powerless. When these bad times come, it’s important to not panic or give up. One excellent thing to do during these troubling times is read some motivational quotes from traders who have been in your shoes and know the path to success.
Here are 28 motivational quotes that will help keep you focused and on the path to successful trading…


1. “Money is made by sitting, not trading.” – Jesse Livermore

2. “Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.” – Larry Hite

3. “Letting losses run is the most serious mistake made by most investors.” – William O’Neil

4. “[Michael Marcus – another top trader] taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgement, being wrong, making your next best judgement, being wrong, making your third best judgement, and then doubling your money.” – Bruce Kovner

5. “That cotton trade was almost the deal breaker for me. It was at that point that I said, ‘Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?’” – Paul Tudor Jones

6. “The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota

7. “When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing well… If you stick around when the market is severely against you, sooner or later they are going to carry you out.” – Randy McKay

8. “Frankly, I don’t see markets; I see risks, rewards, and money.” – Larry Hite

9. “When I became a winner, I said, ‘I figured it out, but if I’m wrong, I’m getting the hell out, because I want to save my money and go on to the next trade.’” – Marty Schwartz

10. “I always define my risk, and I don’t have to worry about it.” – Tony Saliba

11. “The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliché, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” – Victor Sperandeo

12. “I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.” – Tom Basso

13. “If I have positions going against me, I get right out; if they are going for me, I keep them… Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.” – Paul Tudor Jones

14. “I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that.” – Jesse Livermore

15. “Learn to take losses. The most important thing in making money is not letting your losses get out of hand.” – Marty Schwartz

16. “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.” – Jesse Livermore

17. The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Elder

18. “I have learned through the years that after a good run of profits in the markets, it`s very important to take a few days off as a reward. The natural tendency is to keep pushing until the streak ends. But experience has taught me that a rest in the middle of the streak can often extend it.”– Marty Schwartz

19. “I’ll keep reducing my trading size as long as I’m losing… My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds.” – Randy McKay

20. “In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” -Peter Lynch

21. “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” -William O’Neil

22. “It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett

23. “In investing, what is comfortable is rarely profitable.” – Robert Arnott

24. “I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have” – Paul Tudor Jones.

25. “If you personalize losses, you can’t trade.” – Bruce Kovner

26. “Don’t focus on making money; focus on protecting what you have.” – Paul Tudor Jones

27. “Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. “– George Soros

28. “It’s critical for the crocodile to understand its prey and to know where to look for it and remain calm and patient until it arrives. As traders, we have to know what our trading edge looks like and where to look for it and then control ourselves enough to not over-trade before it arrives. “- Nial Fuller

By Nial Fuller

Feshizzy:
Sad news,
We just lost Tom.
He was just a jolly good fellow.

Regards,
EF

my brother, its normal,,,, we are used to this with Tom,,,, all Tom handles use to have expiry date and when the day reach he will deactivate the handle

we did not lost him,,,,he will come with another handle very soon

meshpips:
What does a trader do when GBPUSD is buying and USDCAD is also buying?

meshpips:
Buy USDCAD at market
Target 1.263x
Happy trading!

End of day:

USDCAD +67 pips

GBPUSD +32

USDJPY Closed at BE (Trade went 43 pips profit before reversing)

GBPCAD +43 pips profit

USDCAD , Sellers finally have their low.. its time time to buy as price has parked on this current weekly support. since my previous 1.2805 support couldnt hold.
N.B this is long term buy. most likely your christmas cow

please can someone suggest a very good editing tool for me(pics editing tool)...some stuffs i wanna do but the one i have doesn't have this features. link for download if available,thank you.

shalom123:
please can someone suggest a very good editing tool for me(pics editing tool)...some stuffs i wanna do but the one i have doesn't have this features. link for download if available,thank you.

apowersoft screen capture is cool

prettyboey:

apowersoft screen capture is cool

thank you.

shalom123:

thank you.

Always welcome...

shalom123:
looking at Ger30...price just left the upper JLINE of the NORM,i see this as a trick or if not but can't tell. if price don't close above that 10095.70/32(NORM) then price will reach 9963.08 before today close,price coming to the NORM which is the normal movement of the price.
meanwhile, 9468.85(NORM) is the NORM for the daily chart and price coming here is a possibility. i am expecting the 4 hour candle NORM to be able to push price back to the 125 level.
just a bunch of my analysis...will drop the big picture for eurusd for you guys to enjoy from too after todays close as its the last trading day of the month.
REGAL

Hi,
Could please show me how to draw the jline and norm line on android mt4?

Thank you

shalom123:
usdjpy...if price close below that 106.812 we will see 106.153 and quickly 105.933 and from there maybe back to NORM.

price was able to reach 106.27 before market close missing the .15 level by few pips...

prettyboey:

Always welcome...

the app is very good,thanks once again man.

2nd analysis is Gbpaud...loading. chart below.

shalom123:
Eurusd...my first analysis. loading...chart below

Looking at the monthly chart of april eurusd jst might reach 1.18.keep up d good work bro.

Today's photo weekend.
Happy Weekend to Y'all.
Brace up mate, next week if going to to blissful.

Regards,
EF

Hello guys I posted my view on ECAD. Here is an update. Happy piping

shalom123:

the app is very good,thanks once again man.

I am glad you like it bro...

Hello House,
Please who is in-charge of this thread,kindly let him or her know that a member with this name handle (@Shalom123) has been wrongfully or mistakenly banned from posting on to this thread. Please he wants whoever in charge to see to the upliftment of the ban asap because he got a lot of info to share with everybody on this thread which will go a long way to help others here for the coming trading days.

Thank you.

Hello traders, is there a WhatsApp group (free) where we can share infos, systems, ideas, EAs, indicators, etc from? Can one create that? I have traded FX with much intensity for 8 years. My name is Austin. Lets begin something. 08035542380 , my what'sapp line.

Hope you had a nice tim in church today.
I know our prayers will help our new week and new month IJN.
I am looking @ BUY for EN at market open.My EG and ECAD buy orders are already doing well.

kingaustin:
Hello traders, is there a WhatsApp group (free) where we can share infos, systems, ideas, EAs, indicators, etc from? Can one create that? I have traded FX with much intensity for 8 years. My name is Austin. Lets begin something. 08035542380 , my what'sapp line.

No whatsapp group/secret mate,
If you really trade forex, you should know forum is the best place to share ideas and all so everyone could partake in it, not some silly group.
Happy to see you in this thread.
8 years is no joke, your enlightenment would be highly appreciated in this thread.

Regards,
EF

Possible Setup on GBPCHF...

USDCHF possible setup...

CADJPY possible setup...

CADCHF possible setup...